Equity
-€33,760
Debts exceed assets in financial year 2025.
ERRARD IMMO
Overview
Lifetime
4 annual accounts with figures on one time axispeak €2,837 (2025)
€2,837▲ €4,082
lowest -€15,674 (2025)
-€15,674▼ €1,358
peak €9,309 (2022)
-€33,760▼ €15,674
€290,612▲ 28.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
16-10-202677 days late
2025micro format
Gross margin from -€1,245 to €2,837Loss of €15,674Equity from -€18,085 to -€33,760Debts from €226,797 to €290,612Investments €48,590
Key points
from the 2025 annual accountsLosses
-€53,760 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€290,612 113% of the balance sheet
Financial debts 62%Suppliers 2%Other 36%
Of this, €109,981 falls due within a year.
Investments
€48,310 3.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 17.3% higher than in 2024.
Filings
4 annual accounts 77 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-13.1%
Lower solvency than 88% of companies in real estate. Sector median 31.0% · 19,803 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,565 companies had the same profile as ERRARD IMMO has now. Each dot stands for 4 companies, two years later.
88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,565 companies, not a prediction for ERRARD IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776989103
Incorporation
100 shares · Appointment: (director) · Registered office clause: Chaussée Romaine, 21 à 6762 Saint-Mard (Virton) · published on 12-11-2021 · Gazette deed
First establishment
Chaussée Romaine,St-Mard 21, Virton
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ERRARD IMMO Virton | €256,853 | €2,837 | -13.1% | - |
| Sporthive & Consult Wortegem-Petegem | €285,942 | €2,436 | 65.4% | - |
| LIFEFUTURE Mouscron | €204,003 | €2,065 | -20.7% | - |
| MARTEAU IMMO Charleroi | €258,223 | €3,083 | -12.6% | - |
| MEDIC CARE Seneffe | €318,970 | €3,197 | -6.5% | - |
| AIMS+ Ghent | €170,301 | €3,827 | 80.1% | - |
| IMMO MOTION Nivelles | €414,031 | €1,710 | 80.2% | - |
These companies have the same main activity as ERRARD IMMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €170,000 and €414,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 09-11-2021Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 4 others
- Establishment unit
- 2.325.126.3256762 Virton, since 09-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Annual accounts 2025
- €2,837
- ≈ €9,900estimated
- €15,674▲ 9.5%
- -€33,760▼ 86.7%
- €256,853▲ 23.1%
- Filing
- Filed on 16-10-2026
Insights on ERRARD IMMO
ERRARD IMMO files the micro format. That format states no turnover. The gross margin rose from -€418 in 2022 to €2,837 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 16-10-2026, 77 days late€2,837
▲ €4,082
-€11,369
▼ €707
-€15,674
▼ €1,358
-€95,721
▼ €35,749
-13.1%
▼ 4.5 percentage points
0.13
▲ 0.10
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €9,900. Estimated: probably between €3,800 and €22,000.
Balance sheet
balance sheet total €256,853 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
-13.1%
Higher than 11% of 19,803 companies in 2025.
0.13
Higher than 14% of 18,977 companies in 2025.
-6.1%
Higher than 14% of 19,446 companies in 2025.
ERRARD IMMO
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
256,853 | 208,712 | 146,953 | 116,985 | |
20 |
238 | 517 | 796 | 1,075 | |
21/28 |
242,355 | 206,601 | 144,368 | 115,909 | |
22/27 |
242,355 | 206,601 | 144,368 | 115,909 | |
22 |
242,355 | 206,601 | 144,368 | 115,909 | |
29/58 |
14,260 | 1,594 | 1,789 | - | |
40/41 |
1,187 | 1,594 | 1,671 | - | |
41 |
1,187 | 1,594 | 1,671 | - | |
54/58 |
13,072 | - | 117 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
256,853 | 208,712 | 146,953 | 116,985 | |
10/15 |
-33,760 | -18,085 | -3,769 | 9,309 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | |
14 |
-53,760 | -38,085 | -23,769 | -10,691 | |
17/49 |
290,612 | 226,797 | 150,722 | 107,676 | |
17 |
180,631 | 164,847 | 123,802 | 94,698 | |
170/4 |
180,631 | 164,847 | 123,802 | 94,698 | |
42/48 |
109,981 | 61,565 | 26,535 | 12,638 | |
42 |
13,233 | 13,480 | 5,865 | 5,302 | |
43 |
- | 3 | - | 34 | |
430/8 |
- | 3 | - | 34 | |
44 |
5,830 | 14,819 | 908 | - | |
440/4 |
5,830 | 14,819 | 908 | - | |
47/48 |
90,918 | 33,263 | 19,763 | 7,302 | |
492/3 |
- | 384 | 384 | 340 | |
| Income statement | |||||
9900 |
2,837 | -1,245 | -994 | -418 | |
630 |
12,836 | 8,729 | 6,315 | 5,574 | |
640/8 |
1,370 | 387 | 384 | 348 | |
66A |
- | 300 | - | - | |
9901 |
-11,369 | -10,662 | -7,693 | -6,339 | |
65/66B |
4,306 | 3,655 | 5,385 | 4,352 | |
65 |
4,306 | 3,655 | 5,385 | 4,352 | |
9903 |
-15,674 | -14,317 | -13,078 | -10,691 | |
9904 |
-15,674 | -14,317 | -13,078 | -10,691 | |
9905 |
-15,674 | -14,317 | -13,078 | -10,691 | |
| Appropriation of the result | |||||
9906 |
-53,760 | -38,085 | -23,769 | -10,691 | |
14P |
-38,085 | -23,769 | -10,691 | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 77 days after the deadline. Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00564620.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 1,467 | -1,932 | -1,378 | -765 | ||
| -2,839 | -5,587 | -6,763 | -5,117 | ||
| 48,310 | 70,683 | 34,494 | 121,163 | ||
| -95,721 | -59,972 | -24,747 | - | ||
| -13.1% | -8.7% | -2.6% | 8.0% | ||
| 0.13 | 0.03 | 0.07 | - | ||
| - | - | - | 11.57 | ||
| - | - | - | -114.8% | ||
| -6.1% | -6.9% | -8.9% | -9.1% | ||
| 0.34 | -0.53 | -0.26 | -0.18 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €48,310 | €70,683 | €34,494 | €121,163 |
| €12,836 | €8,729 | €6,315 | €5,574 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ERRARD IMMO
The operating result for 2025 is a loss of €11,369, larger than the loss of €10,662 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€290,612) exceeds the balance-sheet total (€256,853).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 12-11-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 16-10-2026
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 12-11-2021, still in office
Control
Capital
- Contribution
- €20,000
- Shares
- 100
- Contribution per share
- €200
- Equity per share
- -€338 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 12-11-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs,proportionnellement au nombre d’actions acquises s’ils sont…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00
Network & group
No group
ERRARD IMMO has no parent and no holdings in its annual accounts. is the only director. ERRARD IMMO shares no director with another company.
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 77 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0776989103
2025
Weakest financial year net -€15,674 The net result drops to -€15,674, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Annual accounts 2022 filed PDFmicro format · 67 days late
2021
Incorporation100 shares · Appointment: (director) · Registered office clause: Chaussée Romaine, 21 à 6762 Saint-Mard (Virton) · published on 12-11-20213 points ▸
- 100 shares
- Registered office clause, Chaussée Romaine, 21 à 6762 Saint-Mard (Virton)
- Director appointment, (director (not named in the articles))
- The deed holds 2 more points.
First establishment Chaussée Romaine,St-Mard 21, Virton
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0776.989.103
- VAT number
- BE 0776.989.103
- Peppol ID
- 0208:0776989103
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-11-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00deed of 12-11-2021 (in French)
- Peppol
- Reachable since 19-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ERRARD IMMO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-11-2021 (in French)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203
Real estate rental main activity
41101
Real estate development
41102
Construction of residential and non-residential buildings
68201
Real estate activities
68311
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La constitution et la valorisation d’un patrimoine immobilier,ainsi que la location d’immeubles; D’une manière générale,d’une pleine…”deed of 12-11-2021 (in French)
5 activities
- La constitution et la valorisation d’un patrimoine immobilier,ainsi que la location d’immeubles.
- D’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet.
- S'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
- Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Chaussée Romaine,St-Mard 21 registered office 6762 Virton | 09-11-2021 | 2.325.126.325 |
Buildings and parcels at the address
- Ground area
- 1,398 m²
- Buildings
- 103 m²
- Volume, LiDAR
- 725 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 85035A0049/00H002 | 1,398 m² | 1 · 103 m² | 9.6 m · 2 |
Contact
E-mail
info@pubevents.be
Phone
+32 495 50 60 77
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0776.989.103